I work at a fairly slow bank where i have plenty of time to "treasure hunt". Lately customers have been bringing in a lot of rolled coin, making me a busy and happy girl. Today i went through $120 in nickels and found 8 war nickels, one indian head, and one 1904 "v" liberty nickel. Pretty fruitful i guess. Not today, but on the regular i go through pennies, searching for wheats. I have also been setting aside pre 1982 pennies for their copper content. is it worth it? i know copper is $4/lb but i don't have a kiln or even know if it is legal to melt down coins. thoughts please...
Nice finds, my girlfriend works at a bank she went through six rolls of dime that we're ordered from the fed and found 3 mercury dimes and 3 Roosevelts, she was ecstatic and so was I. I have about 30 lbs of copper U.S. cents, its an easy way to save and you'll see on this website there is a lot of debate over holding onto copper cents. I know there is a market for the copper cents, just check ebay listings.
Back when they removed silver from coins and some people started saving them it was not legal to melt them down, also many at the time thought that it was stupid for people to save coins that did not even have the intrinsic metal content. As inflation continues they will either discontinue the cent or use a different material, eventually the melt ban on copper cents will be rescinded, the same might occur with nickles.
This just confirms for me that the tellers at my banks are searching the rolls....which I wouldn't mind if they were honest. However, when you ask them if they are they get offended.
@Yacorie, That's rude of them! When people come into my bank and ask for rolled coin I make sure to ask if they are searching for anything specific, and I let them know that I go through EVERY roll that comes to our branch. They look at me like i am nuts. lol. I don't want them to waste their time, so I send them to another branch down the street where i know the tellers don't search their rolls. @chip, thank you for that, it is an excellent point. i'll keep saving my pennies then
Could you be persuaded to teach a class on teller ethics and professional courtesy, perhaps? :too-funny:
I would love to! i don't understand why tellers have bad attitudes. There's nothing to be cranky about.
This would be my dream! Haha. Working at a slow bank with lots of time to search through rolls ^^ I'm about to ask my bank after the holidays if some tellers roll search. Happy Hunting sheilaf! Your dog is very handsome btw
i just use to take the rolls home and search them when i worked at the bank. had one customer bring in about 25 rolls of silver dimes once. a nice score indeed. we actually had customers that did search rolls and when they brought them back they would mark them to make sure they didnt get those same rolls when they came back the next time
@urbanchemist. i stamp all my searched rolls w/"not used for purpose intended" lol. i had an elderly man bring in nickels the other day, he marked some of the rolls "pre 64". i figured he must have gone through and picked out the 40's and the war nickels, but he didn't! i think he just organized them by years for fun?!?! I also found a 1904 V liberty in his rolls. i don't know what he was doing, but it worked in my favor for sure!
lol thats a good idea. never thought of using that stamp for the rolls. we use to get so much coin in that it went right back out, never had a chance to look through a lot of rolls. i mostly stuck with currency. did a lot of strap searching though. good luck with your continued searches :thumb:
Two more dimes we're found out of the same box , thats 8 dimes just out of ten rolls ! And about tellers being rude, it happens to me as well . There are a couple tellers that are happy to see me and ask "why so much coin" or they hold certain coin or paper for me, lol, I've had some that are rude, in one situiation the teller was not helpful at all and rude so I just said to him "sorry for bugging you,I'll find someone that WANTS to help me". Of course it was loud enough said for the manager there to hear which in turn has got me ALOT better customer service from that bank lol.
I definitely agree that banks tellers should be doing their best to serve their customers, but I also think that we should be conscious as to how readily available the coins are at the banks we go to as well. If one bank keeps all their boxes of coins in a vault and the tellers don't have easy access to that vault, than that would be a good bank to take coins back to and the banks that do have easy access to coins, or they have plenty of customers bringing coins in, that would be a good bank to get coins from, that way you're easing the influx of coins that the bank experiences from their other customers. I actually read an article in coin world that talked about someone who's bank called them informing them that they found two $100 face value bags of nickels in their vault that had been sitting there since 1969. That person immediately took advantage of that opportunity and in the process, they helped the bank get those coins off it's hands. That is the way it should be. The banks job is to aid in the circulation of coins, but they can't do that if they either don't have enough customers bringing in coins or if they don't have enough customers taking coins off their hands. Our job as roll searchers is to balance that out by getting coins from banks that don't have enough customers taking coins off their hands and to cash in the coins we don't have an interest in keeping at the banks that don't have enough customers bringing in coins.
Which is all just a long way of saying... Be courteous to, and thoughtful of, your bank tellers, and most of them will return the favor.
yes indeed you would be surprised how that works a lot of the times. i know a lot of customers would be really rude about getting change.
You have my dream job. I have thought about becoming a teller from time to time, but I'm not sure I would get any work done. I have had mixed luck when I ask tellers if they have any new coins in rolls. Most tell me that they can not order new coins and don't have any. Sometimes they will look for me and come up with some and say, "Oh, didn't notice that they were new". Most of the time I strike out, but it is a good day when I do find something new. Recently found 2011-P nickel rolls-was a great day.
tell me about it... the last time I found a bank with 1/2 dollars in the vault I got $150 worth and the teller was all "I don't even know why you are getting them. We get them from people that go through them. Some people are so stupid!" I had to have a talk then with the bank manager, who I went to high school with. Needless to say I no longer feel disrespected in that bank anymore.
